Condensed Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 189,061	$ 249,108
Marketable securities	352,885	39,124
Prepaid expenses and other current assets	10,687	8,356
Total current assets	552,633	296,588
Marketable securities, long-term	35,715	10,954
Property and equipment, net	18,761	20,126
Operating lease right-of-use assets, net	10,688	11,539
Other assets	2,320	684
Total assets	620,117	339,891
Current liabilities
Accounts payable	3,431	3,515
Accrued and other current liabilities	12,776	12,014
Deferred revenue	0	273
Operating lease liabilities, current portion	3,196	3,149
Total current liabilities	19,403	18,951
Deferred revenue, net of current portion	1,318	972
Derivative liability	382	369
Operating lease liabilities, long-term portion	10,460	11,522
Other liabilities	214	248
Total liabilities	31,777	32,062
Commitments and contingencies (Note 9)
Stockholders’ equity
Preferred stock, $0.0001 par value, 10,000,000 shares authorized at June 30, 2024 and December 31, 2023; no shares issued and outstanding at June 30, 2024 and December 31, 2023	0	0
Common stock, $0.0001 par value, 300,000,000 shares authorized at June 30, 2024 and December 31, 2023; 51,914,275 and 43,075,218 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively	5	4
Additional paid-in-capital	1,071,309	723,136
Accumulated other comprehensive gain (loss)	(293)	16
Accumulated deficit	(482,681)	(415,327)
Total stockholders’ equity	588,340	307,829
Total liabilities and stockholders’ equity	$ 620,117	$ 339,891

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).